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what is the correct percent? Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for

what is the correct percent?
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Earnings per Share, Price-Earnings Ratio, Dividend Yield The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Common stock, $10 par value (no change during the year) $1,600,000 Preferred $10 stock, $200 par (no change during the year) 4,000,000 The net income was $488,000 and the declared dividends on the common stock were $40,000 for the current year. The market price of the common stock is $14.40 per share. For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend yield. If required, round your answers to two decimal places. a. Earnings per Share 1.8 b. Price-Earnings Ratio 8 c. Dividends per Share 0.25 d. Dividend Yield 1 X %

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